Asia top stories – weekly summary
ICIS Editorial
26-Feb-2024
SINGAPORE (ICIS)–Here are the top stories from ICIS News Asia and the Middle East for the week ended 23 February 2024.
Asia BD spot market buoyant with active China
exports
By Ai Teng Lim 23-Feb-24 10:54 SINGAPORE
(ICIS)–Discussions for Asian butadiene (BD)
imports picked up this week as China embarked
on active export sales.
SE Asia PE March offers firmer as tight Middle
East supply persists
By Izham Ahma 22-Feb-24 10:12 SINGAPORE
(ICIS)–Initial spot import offers for March
polyethylene (PE) shipments in southeast Asia
were announced firmer in the week ending 23
February, with many major Middle Eastern
suppliers still showing limited spot volume
available.
Japan January chemical exports up 11%; overall
shipments at record high
By Nurluqman Suratman 21-Feb-24 13:20 SINGAPORE
(ICIS)–Japan’s chemical shipments in January
rose by 11.2% year on year to yen (Y) 865.9bn
($5.8bn), with overall exports hitting a record
high for the month, thus, easing some concerns
over Asia’s highly industrialised economy which
tipped into a technical recession in the second
half of 2023.
Asia petchem markets await China’s demand
signals after holiday
By Nurluqman Suratman 19-Feb-24 13:56 SINGAPORE
(ICIS)–Asia’s petrochemical markets will
closely watch China’s demand signals after the
Lunar New Year holiday amid ongoing concerns
about the country’s economic health.
PODCAST: Asian olefins to see support amid
tighter supply, Panama congestion
persists
By Julia Tan 21-Feb-24 19:51 SINGAPORE
(ICIS)–Asia’s ethylene (C2) market saw supply
tighten amid fewer volumes from the US in Q1 as
a direct result of congestion at the Panama
Canal.
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